DaonintheNews

If you’re like most Americans, you’ll be doing even more of your holiday shopping online this year. And if you’re a Millennial, chances are even greater you’ll be buying your Christmas and Chanukah presents on your mobile phone.

Atom Bank is breathing new life into the banking sector by building everything digitally, forgoing branches and turning to a mobile application that uses face and voice recognition for biometric security. To say that this new way of banking is ground-breaking is an understatement and Atom is getting a lot of recognition as of late, ranking 6th on a list of 50 leading established fintech companies and 50 emerging stars compiled by Fintech Innovators. Read more about their ranking here.

An article was published in The Huffington Post titled “Financial Technology Innovations That Make Financial Gurus Salivate,” written by contributor Pradeep Aradhya (@pradeep_aradhya). The article focuses on what the author thought were the most interesting demos at FinovateFall 2016 and Daon’s demonstration of IdentityX® was reviewed. The Finovate series of events showcases the best innovations that impact the banking and financial services industry through short demos and intimate networking sessions.

Daon’s Chief Executive Officer Tom Grissen was recently interviewed by Kyle Campbell at the New York Daily News, providing his thoughts and Daon’s experience in working with the automotive industry on bringing biometric authentication to automakers and ride-share companies.

Technology company Mastercard was recently named one of Forbes’ World’s Most Innovative Companies, coming it at #30 on the list and moving up 6 spots from their ranking last year. In a press release, Mastercard noted that it “anticipates more change in payments in the next five years versus the previous 50, and is fully embracing the digital transformation with new ways to pay.”

In a world increasingly dependent on online transactions – from paying your credit card bill to setting your thermostat – web security is more important than ever. But one company says the traditional passwords don’t cut it anymore. Rajini Vaidyanathan reports on how biometric technology is being used to protect our smartphones and even our bank accounts.

Tom Grissen, Daon’s Chief Executive Officer, explains how biometrics can get rid of passwords on your mobile device, delivering more convenience to the consumer while still keeping it secure. Mr Grissen said “If you want to authenticate with your voice you can, you can swipe your finger on a sensor, or you you can take a selfie.”